News

USDC has suffered from declining adoption over the past year, with USDC’s market cap shrinking 53.5% from a record high of $56B last June to $26B today. Although USDC has held onto its position ...
USDC is managed by Circle Internet Groups and plays a key role on Coinbase’s trading platform. Competition from Tether, PayPal, and Ripple threatens USDC’s leading position in the stablecoin ...
And USDC's backers can't do everything on their own. The stablecoin relies on traditional banks in many ways, including transaction services and accounts for those all-important cash reserves.
Unfortunately, one transaction highlighted by Crypto Twitter member, BowTiedPickle, shows a USDC investor paid over $2 million to receive $0.05 of USDT. With USDC insolvency fears rampant, users ...
Circle-issued USDC ’s s inability to hold its peg against the U.S. dollar three days ago sent investors fleeing. Circle has removed about 3.9 billion USDC from the circulating supply since last ...
To be sure, USDC’s decline partly reflects sector-wide outflows, and its depeg, triggered by Silicon Valley Bank’s collapse, was a product of market panic, not poor fundamentals.
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USDC also works just like a regular token. You just need a wallet address to send some USDC. USDC is an ERC-20 token, which means that it leverages the Ethereum blockchain and ecosystem.
USDC was founded in September 2018 and is four years younger than the first mover USDT. Fintech giant Circle founded USDC and has quickly built it up to a top-five coin in a couple of years.
USDC is a cryptocurrency that follows the value of USD. One USDC is always worth one USD — hence the name stablecoin. When new USDC are issued, USDC partners keep some USD aside on bank accounts.
Binance says it will delist USDC in favor of its native BUSD stablecoin. Users will still be able to withdraw funds in USDC, USDP and TUSD at a 1-to-1 ratio. This simple system has nailed 1,000 ...
USDC, the dollar-backed stablecoin used to grease the wheels of cryptocurrency trading, has made its way into the Hedera Hashgraph ecosystem. Hashgraph, an alternative to blockchains that uses ...